Kernex Microsystems Secures Rs 100.53 Crores Order for KAVACH Equipment from Integral Coach Factory
Kernex Microsystems India Ltd has been awarded a significant contract by the Integral Coach Factory (ICF). The order, valued at Rs 100.53 Crores including GST, involves the supply, installation, and interfacing with Electrics of Trainset, along with testing and commissioning of On-board KAVACH Equipment.The domestic contract was awarded to Kernex Microsystems for the implementation of advanced railway technology. The scope of work is defined according to RDSO Specification No. RDSO/SPN196/2020, Version 4.0 or later, and includes provisions for Warranty and CAMC (Comprehensive Annual Maintenance Contract).
The contract details specify that Integral Coach Factory issued the order to Kernex Microsystems India Ltd for the supply, installation, interfacing, testing, and commissioning of On-board KAVACH Equipment. This project is scheduled for completion on or before 31/10/2028.
Key details regarding the awarded contract are provided in the table below:
| Aspect | Details |
|---|---|
| Entity Awarding Order | Integral Coach Factory (ICF) |
| Contract Value | Rs 100.53 Crores (Incl of GST) |
| Nature of Work | Supply, Installation, Interfacing with Electrics and Commissioning of On-board KAVACH Equipment |
| Applicable Specification | RDSO/SPN196/2020, Version 4.0 or latest Trainset |
| Contract Period End Date | 31/10/2028 |
| Origin of Order | Domestic |
KERNEX Stock Price Movement
Kernex Microsystems (India) Limited is slipping by 1.15% as of 11:53 AM in live trading, with shares currently valued at ₹2207.8 amid a notable decline. The stock trades on heavy momentum, registering a volume of 88,856 shares so far into the market session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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